e following information is available for Ivanhoe Corporations pension plan for the year 2023: Plan assets, January 1, 2023 $390,000 Actual return on plan assets 17,000 Benefits paid to retirees 40,300 Contributions (funding) 94,300 Discount rate 12% Defined benefit obligation, January 1, 2023, accounting basis valuation 519,000 Service cost 66,700 Calculate defined benefit expense for the year 2023, assuming that Ivanhoe follows IFRS. Defined benefit expense $ Provide the entries to recognize the pension expense and funding for the year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry isrequired,select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Chapter 19 Pensions 7 of 10 - / 11 8/1/23, 8:46 AM Question 7 of 10 - Chapter 19 Pensions https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchId=187d0359-fecc-49f0-a279-9815f143ae2b#/question/6 2/2 (b) The parts of this question must be completed in order. This part will be available when you complete the part above. December 31, 2023 (To record defined benefit expense) December 31, 2023 (To record contributions to the pension fun